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【Hong Kong Stock Close】Hang Seng Index Up 34 Points, 26,000 Level Lost Again; Meituan Rebounds 2%; Yao Cai Securities Resumes Trading and Surges Over 46%, Maoji Kwai Chung Retreats Two Percent (Continuously Updated)
【Hang Seng Index / Hang Seng Index / HS/HSI / Hong Kong Stocks / Night Futures / ADR】 Hong Kong stocks remain stable but have not yet stabilized above 26,000. The Hang Seng Index opened 104 points higher, at 25,938 points. In early trading, it rose as much as 416 points, reaching a high of 26,250 points. Later, the gains gradually narrowed, and the Hang Seng Index closed up 34 points at 25,868 points, with a turnover of HKD 268.26 billion. The Tech Index fell nearly 0.1%, at 5,107 points. Yau Tai Securities (01428)
Reopened with a gain of over 46%. Meituan (03690) rose 2%. Tencent (00700) fell over 1%. Geely (00175) rose over 4%. Suncity (03317) surged over 30%.
US stocks are continuously updating; for details, see: Next Page
Financial Daily:
▼Click the image to enlarge
Market Trends:
[16:10] Hang Seng Index up 34 points, closing at 25,868 points, with a turnover of HKD 268.26 billion. The Tech Index fell nearly 0.1%, at 5,107 points. Yau Tai Securities (01428)
Reopened with a gain of over 46%. Meituan (03690) rose 2%. Tencent (00700) fell over 1%. Geely (00175) rose over 4%. Suncity (03317) surged over 30%.
【16:00】 Hang Seng Futures up 61 points, at 25,895 points, with a turnover of HKD 25.907 billion.
【15:45】 Sinopec Refining (02386) fell over 3%, hitting a low of HKD 6.26.
【2386】 Sinopec Refining’s special dividend was issued due to two-year new contracts exceeding HKD 100 billion. The two Middle Eastern projects are temporarily suspended and are not expected to significantly impact performance.
【15:38】 Hong Kong stocks continued to rise about 25 points in the late session.
【15:14】 Longfor Fiber Optic Cable (06869) fell over 12%, hitting a low of HKD 140.
【15:12】 Tencent (00700) will announce earnings tomorrow; stock down over 1%. Alibaba (09988) up 0.7%. Meituan (03690) up 2%. Xiaomi (01810) up 0.2%.
【14:50】 The market latest up about 25 points, with the Tech Index turning down 0.3%.
【14:39】 HKEX (00388) turned down 0.4% in the afternoon, hitting a low of HKD 403.6.
【14:08】【Private Credit】 HKMA is reportedly assessing private banking risks, organizing activities to reassure investors.
【13:45】 The Hang Seng Index’s gains further narrowed to about 100 points, at 25,935 points, falling below 26,000.
【13:42】【IPO】Bloomberg reports China restricts Red Chip companies from listing in Hong Kong; suggests dismantling Red Chip structures.
【13:28】 Market gains narrowed to about 170 points, struggling around the 26,000 mark.
【13:11】 Mak Kee Kwai Chung (01716) fell over 18%, to HKD 3.15.
【13:02】 The Hang Seng Index rose about 246 points in early afternoon, at 26,080 points, with a turnover of HKD 142.9 billion. The Tech Index up 1.2%, at 5,172 points.
【13:01】 China Mengniu Dairy (01044) post-earnings gain expanded, rising over 4% in early afternoon, reaching HKD 28.92.
【12:55】【9988 Analysis】 Alibaba’s “three consecutive gains” ahead of Thursday’s earnings; analysis: “Aircraft carrier-style business” rebounded to half of January’s high, with nearly 10% return.
【12:49】【AI+9988】 Alibaba up over 2%, launching the world’s first enterprise-level Agent platform “Wukong”.
【12:38】【1810】 Xiaomi’s stock price rose another 2%. The new generation SU7 will be released Thursday, featuring Xiaomi Jiao Long chassis. Lei Jun personally explains why “Asian flying man” Su Bingtian is the ambassador.
【12:26】【Hong Kong Stock Analysis】 Hong Kong stocks previously rose over 400 points with external markets; Fu Chang: Middle East instability may boost local investment markets, “personal safety” becomes an advantage.
【12:01】【Blue Chip Earnings 1044】 China Mengniu Dairy’s full-year profit up 10% year-on-year, maintaining a final dividend of HKD 0.7.
【12:00】 Half-day Hong Kong stocks up 254 points, at 26,088 points, back above 26,000. Turnover HKD 140.18 billion. The Tech Index up 1.3%, at 5,180 points. Meituan (03690) up nearly 4%. Alibaba (09988), Xiaomi (01810) up over 2%. Geely (00175) up over 5%. Pop Mart (09992) up over 4%. CATL (03750) hit a new high of HKD 685 but then retraced, down 2%. CNOOC (00883) down 3%. PetroChina (00857) down over 1%. Yau Tai Securities (01428) reopened with a large gain of nearly 66%.
【11:31】【Iran Situation】 John Lee: Government monitors price changes and ensures stable energy supply; collusion on pricing will be dealt with according to law.
【11:23】 CNOOC (00883) fell 4% to HKD 28.26; PetroChina (00857) down over 1%.
【11:16】【1211 Analysis】 BYD included in NVIDIA’s autonomous driving partnership; stock rebounded after returning to red-chip status. Fu Chang: domestic competition remains fierce, overseas expansion attracts attention.
【11:03】【AI+9988】 Baidu’s Xiaodu to launch “Home-use Little Lobster” — “Available anytime, for the whole family, in a closed loop.”
【10:57】 CK Hutchison (00001) rose over 1%, reaching HKD 60.1.
【CK Hutchison port sale】 CKH’s Panama port subsidiary: After weeks of illegal takeover by the Panamanian government, they continue to ignore the rule of law and refuse to return investors’ assets.
【10:44】【NVIDIA】 NVIDIA collaborates with BYD, Geely, and other automakers to develop L4 autonomous vehicles.
【10:32】 Hang Seng Index previously rose 416 points, reaching a high of 26,250 points; latest up about 321 points, at 26,155. Meituan (03690) up over 4%. Yau Tai Securities (01428) up 71%.
【10:32】 Longfor Fiber Optic Cable (06869) fell over 7%, hitting HKD 142.2.
【10:13】 Mak Kee Kwai Chung (01716) retraced, down 10%, to HKD 3.2.
【10:11】 New World (00017) up 0.3%, reaching HKD 9.53.
【Cheng Jiazun Family】 Chow Tai Fook Enterprises reportedly seeking refinancing for a HKD 7.3 billion loan maturing in June.
【10:06】 Market gain expanded to 400 points, returning to around 26,200.
【10:04】 Chow Sang Sang (00116) announced profit increase, stock up over 8%, reaching HKD 14.54.
【10:00】 Hong Kong stocks early session up over 300 points, back above 26,000. Hang Seng at 26,161, up 327 points. Turnover HKD 59.7 billion. Tech Index up 1.7%, at 5,199. Alibaba (09988), Xiaomi (01810) up nearly 3%. Meituan (03690) up over 3%.
【AI Agent】 Alibaba establishes Alibaba Token Hub business group.
【09:43】 Leapmotor (09863) up over 4% after earnings, reaching HKD 46.66.
【9863 Earnings】 Leapmotor turned profitable last year, earning over RMB 500 million, exploring diversified cooperation with Stellantis.
【09:43】 Zijin (02899) up 0.4%. Zijin Gold International (02259) up 0.5%. Zhaojin (01818) up 0.5%. Shandong Gold (01787) up 0.4%. Lingbao Gold (03330) up 0.4%. Silver Price down 1%.
【Gold Price Trend】 Gold remains near the $5,000 mark, with the US dollar weakening and market assessing emergency oil reserve releases.
【09:22】 Hang Seng Index opened 104 points higher, at 25,938, challenging the 26,000 level. Turnover HKD 3.88 billion. The Tech Index up 0.5%, at 5,137.
Yau Tai Securities (01428) reopened with a gain of over 64%. Alibaba (09988) up 0.9%. CATL (03750) hit a new high, up over 1%. Baidu (09888) fell over 2% against the trend.
【1428】NDRC “green light” for Ant Group to invest in Yau Tai Securities; trading resumes on 3/17.
【09:04】 Hang Seng Futures up about 52 points, at 25,852.
【07:47】【Xi-Trump Meeting】 Trump delays “about a month” to visit China, citing ongoing war and no tricks involved.
【07:45】【Morning Brief】 Jensen Huang expects chip revenue next year to reach $1 trillion — “still too conservative” | NDRC approves Ant Group’s investment in Yau Tai Securities | Google to expand Gemini to all Hong Kong users.
【07:45】 Oil prices and US dollar index continue to decline; night futures close up 143 points, at 25,894. The China concept index rises by 1%, at 7,215. Baidu US stocks down 3%.
| ADR | HKD Equivalent | Change from HK Market Price |
| Baidu US | 119.22 | -3.00% |
| Meituan ADR | 77.68 | -0.79% |
| Tencent ADR | 562.77 | +0.77% |
| HSBC ADR | 125.77 | +1.18% |
| Alibaba US | 133.81 | -0.14% |
More Hong Kong ADRs and Chinese concept stocks quotes:
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【07:30】As major G7 countries begin releasing oil reserves, short-term supply is sufficient. However, the Iran crisis continues to trouble markets. Trump states he has proposed delaying his summit with President Xi Jinping by about a month, as staying in Washington to command the Iran war is very important to him. The delay reflects Trump’s expectations on the duration of the Iran conflict. Dow Jones rises 387 points, closing at 46,946. S&P 500 up 1%, at 6,699. Nasdaq up 1.2%, at 22,374.
See US stock market close:
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Hong Kong stocks yesterday market overview, details see: 【Hong Kong Stocks Night Futures + ADR + Northbound Funds】 Night futures close up 143 points, Baidu US stocks down 3%.